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£160,000

1 bed flat for sale
Southchurch Avenue, Southend-On-Sea SS1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Leasehold

Ocean Residential

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About this property

  • Off street parking

Spacious one-bed split-level flat with 2 allocated parking spaces, long lease (120 years), and income-producing tenant in situ - ideal for investor purchase.
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An excellent opportunity to acquire this well-appointed one-bedroom split-level flat located on the desirable Southchurch Avenue in Southend-on-Sea. Offered with two allocated parking spaces and currently let to a tenant paying £915 pcm, this property represents a strong investment in a well-connected locale.
On entry you are welcomed into the lower level which offers a practical kitchen and living/dining space, allowing for comfortable day-to-day living without compromise. Upstairs the spacious bedroom and bathroom are accessed via an internal staircase, giving a sense of separation and added amenity. The layout gives a feeling of more space than a typical one-bed flat.
Externally the flat benefits from two dedicated parking bays - a rare find in this area and a valuable addition for convenience and rental appeal. The lease stands at approximately 120 years remaining, providing long-term security, with a ground rent of £300 per annum and a service charge of approximately £1,200 per annum.
Situated on Southchurch Avenue, this property enjoys a convenient position for local amenities, transport links and the seafront. The town centre and mainline station are within easy reach, making it popular with commuting tenants and owner-occupiers alike.
To summarise: A well-configured split-level one-bed flat, with long lease, two parking spaces and tenant in-situ producing an immediate income stream. Viewing is highly recommended for investors seeking a turn-key asset in Southend-on-Sea.

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More information

  • Tenure

    Leasehold (120 years)

  • Service charge

    £1,200 per year

  • Council tax band

    A

  • Ground rent

    £300

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Ocean Residential. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ocean Residential for full details and further information.